Your remarks regarding the 25% share that BP owns in ATC appear as an attempt to trip me up. 25% is hardly a controlling interest. You sir, are the one who didn't know what he was talking about, yet you continued to try to trip me up. The only reason could be in defense of BP.
I can tell you that nearly all the former ARCO management, that are now working for BP, have no respect for the company and are just putting in time until they can retire.
Not just ARCO (very few left now) but mostly old Amoco managers. And one of the main reasons for it is because those old 'cowboys' in the pipeline field are having their feet held to the fire to obey Health, Security, Safety and Environmental (HSSE) rules that they never even knew existed. (or acted like it anyway)
25% is probably the maximum amount allowed, but BP runs the company.
45 posted on 12/21/2005 7:04:40 AM AKST by Eva
Are we both wrong or both right?
Please stop trying to claim you know the thoughts in my head. Again, show one single statement I've made in defence of BP. You have twisted this in your mind.
I will help you out here. My reason is in support of the pipeline to Alberta. The same pipeline ConocoPhillips, BP and ExxonMobil support. And I support it for the same reasons, best economics for delivered product to market.
As you wrote:
Marine is a very lucrative end of the business
35 posted on 12/20/2005 2:36:24 PM AKST by Eva
I also agree with this statement. Marine Transportation, along with the Conversion to LNG and back to Gas, adds unneeded expense. That raises the price for the consumer and decreases the profit Alaska receives for its resources. That is my motivation.